KPMG in Bahrain has recently launched a dedicated mobile application - ‘KPMG VAT Toolkit’, to assist businesses in the Kingdom of Bahrain understand VAT (expected now in the second half of 2018), keep on top of the developments and evaluate the impact the introduction of VAT has on the way business is conducted and supported.

KPMG VAT Toolkit contains up-to-date information, insights from KPMG’s subject matter experts and practical tools, best practice information from around the World and all lessons learned from KSA and UAE, all aimed at helping businesses and individuals prepare for the new tax system. The easy-to-navigate application is available for iOS and Android devices and also features a VAT Compliance Tool, enabling users to get familiar with the upcoming VAT compliance and their VAT payable or recoverable position.

Philippe Norre, Partner and Head of Tax at KPMG in Bahrain commented on this launch and said: “KPMG VAT Toolkit offers a wealth of readily available VAT knowledge presented in a very practical way and accessible to anyone, anywhere, using their mobile devices. Our value-add VAT Compliance Tool provides valuable information for business owners on the developments their predicted VAT position and will be kept updated and valuable once the tax is introduced.”

The application also features the latest indirect tax updates, as well as KPMG’s insight on related tax topics, infographics and publications. This is in addition to KPMG in Bahrain’s latest news, events and training courses.

The application is available for Android and iOS users, who can download it free of charge from Apple Store or Google Play from a smartphone or tablet by searching “KPMG VAT Toolkit”.

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Background information

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. It operates in 150 countries and have 138,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.More...

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. It operates in 150 countries and have 138,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

KPMG Europe LLP, a UK limited liability partnership, is the legal entity which effectively controls the member firms of the KPMG network that have elected to merge with it (KPMG Europe LLP firms). KPMG Europe LLP and KPMG International provide no client services. KPMG Europe LLP firms currently operate in 17 countries across Europe with more than 30,000 partners and staff. The “KPMG Europe LLP group” means KPMG Europe LLP, and KPMG Europe LLP firms.